LimavsIstanbul
Overall
💰+14.3%
Lima is 14.3%more expensive
Rent
🏠0.0%
Housing is 0.0% same
Dining
🍽️+28.6%
Restaurants 28.6% pricier
Groceries
🛒-6.7%
Food shopping 6.7% less
Comparing the cost of living between Lima, Peru and Istanbul, Turkey reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Lima is more expensive than Istanbul by approximately 14.3%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.
Key Cost Differences
Housing costs in Lima are similar than in Istanbul. A one-bedroom apartment in Lima's city center costs around PEN 2,000, while the same in Istanbul is approximately TRY 25,000.
Dining out in Lima offers significant savings compared to Istanbul. An inexpensive restaurant meal costs PEN 15 in Lima versus TRY 150 in Istanbul.
Public transportation in Lima is more affordable, with monthly passes at PEN 100 compared to TRY 1,100 in Istanbul.
Monthly Budget Breakdown
When breaking down monthly expenses, a single person in Lima can expect to spend approximately PEN 867 per month (excluding rent), while in Istanbul, the same lifestyle would cost around TRY 7,060. For families, these figures increase significantly, with a family of four requiring about PEN 3,035 monthly in Lima versus TRY 24,710 in Istanbul. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.
Detailed Cost Comparison
🏠 Housing Costs (Monthly Rent)
🍽️ Food & Dining
🛒 Groceries
🚌 Transportation
💡 Utilities & Internet
Tips for Moving Between Cities
For those considering a move from Lima to Istanbul, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Istanbul to Lima requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.
Quality of Life Indices
Lima
Istanbul
Frequently Asked Questions
Is Lima more expensive than Istanbul?
Yes, Lima is approximately 14.3% more expensive than Istanbul overall. The biggest differences are in housing and restaurant prices.
How much salary do I need in Lima compared to Istanbul?
To maintain the same standard of living, you would need approximately 1.1x of your Istanbul salary when living in Lima. For example, if you earn $50,000 in Istanbul, you'd need about $57,143 in Lima for a comparable lifestyle.
What are the biggest cost differences between Lima and Istanbul?
The most significant cost difference is in dining out. Restaurant prices vary by about 22%, which can significantly impact your entertainment budget. Transportation and utilities show notable variations between the two cities.
Which city is better for expats and digital nomads?
Istanbul offers better purchasing power, making it more attractive for those earning in strong currencies. However, Istanbul provides lower living costs, which benefits budget-conscious travelers. Consider Lima if you prioritize cultural experiences, or Istanbul for better value.
What's a reasonable monthly budget for Lima vs Istanbul?
In Lima, a single person needs approximately PEN 2,067 per month (including rent), while a family of four requires about PEN 5,235. In Istanbul, these figures are TRY 22,060 for singles and TRY 54,710 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Lima and Istanbul in 2025 shows notable differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.
Need to calculate salary equivalence?
Find out how much you need to earn in Istanbul to maintain your lifestyle from Lima
Calculate Salary Equivalence